Press Release Description
Egypt Healthcare Market to Grow at 11.05% CAGR During 2025-30 Due to Favorable National Health Strategies
The Egypt Healthcare Market size was valued at around USD1.45 billion in 2024 and is projected to reach USD2.72 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 11.05% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The massive presence of public and private healthcare facilities, including specialist hospitals, clinics, etc., significantly supported the revenue expansion of the Egypt Healthcare industry during the historical period. Egypt has significantly aided in developing a solid reputation as the region's center for medical tourism due to the country's satisfactory reputation in the Middle East and Africa region, its affordable pricing on trained medical personnel and infrastructure, as well as its simpler visa requirements, compared to other countries in the region.
Furthermore, the high cost of medical care in neighboring countries, as well as a lack of a competent workforce, has encouraged tourists from neighboring countries such as North, East, and West African nations, as well as GCC countries, to enroll in health treatments in Egypt. The rising insurance penetration among Egyptians has also significantly boosted the demand for healthcare services.
Additionally, there are several opportunities for foreign investors in the healthcare sector due to the growing population & improved health awareness. Egypt passed several regulatory reform measures, such as private players' participation in the public sector, to provide a favorable work environment for both domestic and foreign investors. Many experienced private sector market players take a proactive role to improve public hospitals' performance because of these regulations, which have also strengthened the investment climate. Therefore, the growing foreign investment & improvement of medical facilities in the country are anticipated to boost the market growth during the forecast period, further states the research report, "Egypt Healthcare Market Analysis, 2025."
Egypt Healthcare Market Segmentation Analysis
Non-government (Private) Hospitals Hold the Largest Market Share
Based on the type of hospitals, the market is bifurcated into Government & Non-government. Among them, the non-government hospitals held a significant revenue share in the Egypt Healthcare Market compared to the government healthcare institutions. It was due to the private sector's well-developed infrastructure, access to cutting-edge medical technology, and availability of qualified medical personnel to treat a wide range of hereditary and chronic disorders.
Patients who can afford private healthcare prefer to be treated in private hospitals as Egyptian government hospitals have inadequate service standards and are understaffed with skilled medical staff & equipment. Furthermore, the government's secondary hospitals, which are covered by Egypt's health insurance program, provide free or low-cost care to patients. As a result, the availability of skilled professionals and improved infrastructure in private hospitals is expected to drive market growth during the forecast period.
Diabetes Patients Generate Massive Market Demand
Patients with diabetes make up a significant portion of the money generated by the Egyptian healthcare sector. It is attributed to a steady increase in diabetic patients caused by sedentary lifestyles, which may also be linked to rising obesity rates in the general population.
However, with the implementation of various initiatives, the Egyptian government has focused more on providing individuals with diabetes with access to high-quality care. The demand for diabetic treatment among residents has increased dramatically as a result of rising illness awareness, and it is expected that this trend will continue to drive market expansion in the coming years. Thus, the rising public awareness of communicable diseases would surge the demand for diabetes care from 2025 to 2030.
Competitive Landscape
Cleopatra Hospital Group, Saudi German Hospital, As-Salam International Hospital, Katameya Clinic Hospital (KCH), EL Nozha International Hospital (NIH), Wadi ElNeel Hospital, Arab Contractors Medical Center, Ganzouri Specialized Hospital, and others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the nation?
- How has the industry been evolving in terms of geography & service adoption?
- How has the competition been shaping up across the country?
- How have buying behavior, customer inclination, and expectations from service providers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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